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We are here for you to provide the important Recent and Latest Current Affairs December 5 2025, which have unique updates of Latest Current Affairs 2025 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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NATIONAL AFFAIRS

Union MoS Dr. Jitendra Singh Jointly Inaugurated WSDM in DehradunThe ‘World Summit on Disaster Management (WSDM)’ and 20th Uttarakhand State Science and Technology Conference 2025, held from November 28 to November 30 2025, at the Graphic Era Silver Jubilee Convention Centre in Dehradun, Uttarakhand.

• The conference was inaugurated by Union Minister of State (MoS) (Independent Charge, IC) Dr. Jitendra Singh, Ministry of Science and Technology (MoS&T).

Key Highlights of WDMC:
Key Dignitaries: The event was attended by Pushkar Singh Dhami, Chief Minister  (CM) of Uttarakhand.
Hosted by: The 3-day long conference was hosted by the Uttarakhand State Council for Science and Technology (UCOST).
Announcement of 3 New DWRs: While addressing the conference, Union MoS Dr. Singh announced that Uttarakhand will get 3 new Doppler Weather Radars (DWRs) that will be established at 3 cities of the state: Haridwar, Pantnagar, and Auli.

• These DWRs are important in mountainous regions as they are capable of detecting storm structure, wind patterns, moisture intensity and vertical cloud development-often 30 to 90 minutes (mins) before extreme weather conditions.
• These new weather radars are in addition to the existing 3 radars deployed at Surkanda Devi, Mukteshwar and Lansdowne.
• Currently, Uttarakhand has 33 meteorological observatories, 142 automatic weather stations, 107 rain gauges, district-and block-level rainfall monitoring systems and mobile-based alert platforms for farmers.

Felicitation of Women Scientists: During the event, CM Pushkar Dhami felicitated the women scientists from various institutions across the state with the ‘Young Women Scientists Achievement Award -2025’ and the ‘UCOST Young Women Scientist Excellence Award’, in recognition of their exceptional contributions in the field of science and technology  .

• Recipients of this year’s  Young Women Scientist Achievement Award ( up to the age group of 45 years): Ankita Rajput, Garima Punetha, Mamta Arya, Harshit Pant, Priyanka Sharma, and Priyanka Pandey.
• Recipients of UCOST Young Women Scientist Excellence Award (up to the age group of 30 years) were: Priyanka Uniyal, Palak Kansal, Radhika Khanna, Stuti Arya, and Devi Mungal.

Release of NDMA Books: The event also saw the release of books written by Dr. Dinesh Kumar Aswal, Member of National Disaster Management Authority (NDMA).
About Uttarakhand:
Chief Minister (CM)- Pushkar Singh Dhami
Governor- General (Retired) Gurmit Singh
National Parks (NPs)- Jim Corbett National Park, Rajaji National Park

GoI Approves 5% Sustainable Aviation Fuel Blend by 2030 for International FlightsIn December 2025, Union Minister of State (MoS) Murlidhar Mohol, Ministry of Civil Aviation (MoCA) announced that the Government of India (GoI) has formally approved the Sustainable Aviation Fuel (SAF) blending targets in traditional jet fuel i.e. 1% by 2027, 2% by 2028, and 5% by 2030.

• The initial SAF blending targets will apply to international flights departing from India.
• At present, a total of 93 airports in India have switched over to 100% green energy usage.

ICAO’s Initiatives to Reduce Emissions from Aviation Sector:
ICAO-CORSIA: India, being a member state of International Civil Aviation Organisation (ICAO), is obligated to comply with the mandatory phase of Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) from the year 2027.

• CORSIA, adopted by ICAO, aimed to reduce carbon emissions from international civil aviation.

LTAG: In October 2022, the 41st ICAO Assembly adopted a Long-Term Global Aspirational Goal (LTAG) for international aviation, aimed to achieve net-zero carbon emissions by 2050 in support of the United Nations Framework Convention on Climate Change (UNFCCC) Paris Agreement’s temperature target.

• India has pledged to achieve Net-Zero Target by 2070.

Other Initiatives: Apart from these, India has joined ICAO-backed Assistance, Capacity-building and Training for Sustainable Aviation Fuels (ACT-SAF) programme and is also an active member of various working groups of ICAO Committee on Aviation Environmental Protection.
>>Read Full News

BIS Unveiled India’s New Seismic Map: Entire Himalayas Placed under Highest-Risk Danger ZoneIn November 2025, the Bureau of Indian Standards (BIS), statutory body under the Ministry of Consumer Affairs, Food and Public Distribution (MoCAF&PD), unveiled a revised seismic zonation map under the updated Earthquake Design Code 2025(BIS, 2025), incorporating data on active faults, maximum probable events, attenuation patterns, tectonics, and lithology.
About New Seismic Map:
Updated Zonation: Previously divided into Zones II–V, India’s seismic map now includes a newly introduced Zone VI, the highest-risk category.
PSHA: As per the BIS, the new quake map had been created using globally accepted Probabilistic Seismic Hazard Assessment (PSHA) methods that include detailed data on active faults, the maximum potential magnitude on each fault, the tectonic regime of each region, among others.
PEMA: The new seismic map has introduced a new concept known as the ‘Exposure Window’ which takes into account population density, infrastructure, and socio-economic vulnerability through the Probabilistic Exposure and Multi-Hazard (PEMA) methodology.
Expansion in Area of Risk: The map further revealed that 61% of India’s landmass now lies in moderate to high hazard zones, marking one of the major shifts in seismic hazard assessment in decades.
Population Vulnerable to Risk Zones: The newly released map showed that 75% of the Indian population lives in seismically active regions.
>>Read Full News

NHAI and Reliance Jio Signs MoU to Deploy Telecom-based Safety Alerts Across NHs
In December 2025, the National Highway Authority of India (NHAI) signed a Memorandum of Understanding (MoU) with Reliance Jio Infocomm Limited, a subsidiary of Jio Platforms,  for the deployment of telecom-based safety alerts across National Highways (NHs) in the country.

• The MoU aims to enhance highway safety by providing timely alerts to NH users, helping them make informed decisions and drive more safely.

Key Details of MoU:
Alert Mechanism: As per the MoU, the new system will send advance warnings to travellers through mobile alerts as they approach risk-prone areas like: accident stretches, fog-affected regions, among others.
Integration: Also, the system will be integrated with the digital platforms of NHAI like: Rajmargyatra mobile application (app) and emergency helpline number 1033.
Rollout Phase: Initial focus on risk zones with real-time alerts at NHAI offices, later expanding coverage through other telecom providers.

Sahkar Taxi Cooperative Begins Soft Launch of Bharat Taxi in Delhi and GujaratIn December 2025, the Sahkar Taxi Cooperative Limited, a Multi-State Cooperative registered under the Multi-State Cooperative Societies (MSCS) Act, 2002, began the soft launch of the ‘Bharat Taxi’ ride-hailing service in New Delhi (Delhi) and Gujarat, following earlier pilots at Delhi Airport, ahead of the official January 2026 launch.

• The soft launch marks the start of beta consumer trials for India’s first driver-owned national mobility cooperative.

About Bharat Taxi Soft Launch:
Platform: The Bharat Taxi app is available on Google Play for beta trials, integrates multi-modal travel including Delhi Metro connectivity, and offers features such as transparent fares, real-time tracking, multilingual support, and 24/7 assistance.
Integration: The service is connected to Delhi Metro, allowing users to book rides conveniently through a single platform.
Driver Registration: Over 51,000 drivers across cars, autos, and bikes have registered for the beta phase, operating under a zero-commission model that lets them retain 100% of their fare earnings.
Safety: The cooperative has partnered with Delhi Police and built in-app safety mechanisms for alerts, grievance handling, and rider-driver protection.
Vehicle Range: Aims to include two-wheelers, auto-rickshaws, taxis, and cabs on a single platform.
About Bharat Taxi App:
Operator & Ownership: The Bharat Taxi app is managed by Sahkar Taxi Cooperative Limited and is promoted as the world’s first national mobility cooperative fully owned by drivers, with no government involvement.
Support: Bharat Taxi is an initiative developed under the Ministry of Cooperation and the National e-Governance Division (NeGD) under the Digital India Corporation(DIC).
Authorised Capital: Rs.300 crore.
Promoters: Eight national cooperative institutions including National Cooperative Development Corporation (NCDC), Indian Farmers Fertiliser Cooperative Limited (IFFCO), Krishak Bharati Cooperative Limited (KRIBHCO), National Agricultural Cooperative Marketing Federation of India Limited (NAFED), National Bank for Agriculture and Rural Development (NABARD), National Cooperative Exports Limited (NCEL), National Dairy Development Board (NDDB), and Gujarat Cooperative Milk Marketing Federation (GCMMF/AMUL) jointly promote the cooperative.
Driver Identity: Bharat Taxi drivers are designated as Saarthis, meaning charioteers.
About National Cooperative Development Corporation (NCDC):
Managing Director(MD)– Pankaj Kumar Bansal
Headquarters– New Delhi, Delhi
Established – 1963

GoI Renamed Prime Minister’s Office to ‘Seva Teerth’
In December 2025, the Government of India (GoI) renamed the news Prime Minister’s Office (PMO) complex as ‘Seva Teerth(Seva Teerth)’ to highlight its focus on service-oriented, citizen-centric governance.

• Following a directive from the Ministry of Home Affairs (MHA), the official residences of Governors and Lieutenant Governors (Raj Bhavan/Raj Niwas) were redesignated as Lok Bhavan and Lok Niwas respectively.

Key Details of Renaming: 
Location: The new complex is part of the Central Vista Redevelopment Project and was previously known as the ‘Executive Enclave’.
Premises: Besides the PMO, the complex will house the offices of the Cabinet Secretariat, National Security Council Secretariat, and India House (a venue for high-level talks).
State & UT Renaming Updates(As of 4 December 2025): The following states, Andhra Pradesh (AP), Karnataka, Kerala, Tamil Nadu (TN), Sikkim, Telangana, Assam, Bihar, Chhattisgarh, Gujarat, Mizoram, West Bengal (WB), Uttar Pradesh (UT), Tripura, Odisha, Haryana, Rajasthan, Nagaland, and Jharkhand, have officially renamed Raj Bhavan as Lok Bhavan.
The Union Territories (UTs) of Jammu and Kashmir (J&K) and Ladakh have similarly renamed Raj Niwas as Lok Niwas.

Odisha CM Mohan Charan Majhi Inaugurates 15th International Sand Art Festival in Konark
On December 1, 2025, Mohan Charan Majhi, Chief Minister (CM) of Odisha , inaugurated the 15th International Sand Art festival and 36th Konark festival, that will continue till December 5, 2025, at the heritage site of Konark Sun Temple in Konark, Odisha.

• The festivals were organised by the Department of Tourism, Government of Odisha in collaboration with Odisha Sangeet Natak Akademi (OSNA) and Odisha Tourism Development Corporation (OTDC).

About Festivals:
International Sand Art Festival: The festival showcases sand artists from India and abroad, with sculptures on culture, heritage, environment, global peace, and social themes, along with live sculpting, workshops, and competitions.

• The festival aims to promote eco-friendly art, international exchange, and Odisha’s cultural tourism identity.

Konark festival: It began in 1986, showcasing India’s major classical dance forms such as Odissi, Bharatanatyam, Kathak, Kuchipudi, Manipuri. It will take place with the Konark Sun Temple, a United Nations Educational, Scientific, and Cultural Organization (UNESCO) World Heritage Site as the backdrop.

Indira Gandhi International Airport Becomes India’s First High-Capacity Water-Positive Airport
On December 1, 2025, Delhi International Airport Limited (DIAL) announced that Indira Gandhi International (IGI) Airport, India’s first high-capacity airport handling over 40 million passengers, has been certified as Water-Positive by the Confederation of Indian Industry (CII)- Triveni Water Institute.

• The accomplishment was officially acknowledged at the Water Innovation Summit 2025, under the National Institution for Transforming India(NITI) Aayog–CII Water Neutrality framework, in New Delhi, Delhi.

About Water-Positive Certification:
Water-Positive: A water-positive facility returns more water to the environment than the total amount it withdraws for its operations.
Sustainability: The certification acknowledges IGI Airport’s comprehensive water management efforts, including conservation, recycling, and replenishment programs that ensure more water is restored to the environment than is used.
Measures Taken: IGI Airport has implemented extensive water management systems, including rainwater harvesting pits, dedicated recharge wells, advanced Sewage Treatment Plants(STPs), water-efficient fixtures, smart meters, leak detection, and stormwater reuse to optimize water conservation and sustainability.

INTERNATIONAL AFFAIRS

HAL, BEL & MDL Feature in SIPRI Top 100 Global Arms-Producing Companies 2024On December 1, 2025, Stockholm International Peace Research Institute (SIPRI) released a fact sheet titled “The SIPRI Top 100 Arms-Producing and Military Services Companies, 2024. As per the ranking, only three Indian Public Sector Undertakings(PSUs) Hindustan Aeronautics Limited (HAL) at 44th place with a total revenue of USD 4,010 million, Bharat Electronics Limited (BEL) at 58th(USD 2,750 million) and Mazagon Dock Shipbuilders Limited (MDL) at 91st(USD 1,370 million) feature among the world’s top 100, all under the Ministry of Defence (MoD).

• Lockheed Martin Corporation(the United States of America, USA) secured the top spot with a total revenue of USD 71,040, followed by RTX (USA)(USD 80,740), formerly Raytheon Technologies Corporation, in second place, and Northrop Grumman Corporation (USA)(USD 41,030) in third.

Highlights:
Global Performance: The total arms revenue of the SIPRI Top 100 companies reached USD 679 billion in 2024, marking a record increase of 5.9% from 2023, with 77 companies reporting higher revenues and 42 companies achieving double-digit growth.
Other companies in Top 10: BAE Systems (Rank 4, United Kingdom) and General Dynamics Corporation (Rank 5, USA) were followed by Boeing (Rank 6, USA), Rostec (Rank 7, Russia), AVIC (Rank 8, China), and CETC (Rank 9, China), with L3Harris Technologies (Rank 10, USA) rounding out the top ten.
High-Performing Companies: Czechoslovak Group (Czech Republic), ranked 46th, recorded the highest growth of 193% in the Top 100, with USD 3.6 billion in 2024 from USD 1.2 billion in 2023.

• SpaceX, ranked 77th, generated arms revenue of USD 1.8 billion in 2024, an increase of 103% from USD 0.8 billion in 2023.

India’s Performance:  India generated arms revenues of USD 7.5 billion, an increase of 8.2% from USD 6.9 billion in 2023, accounting for 1.1% of total arm revenues of top 100 companies.
>>Read Full News

IWMI Launches SoLAR-Phase II to Accelerate Climate-Resilient Solar Energy AdoptionIn November 2025, the International Water Management Institute (IWMI), a global Non-Profit Organization(NPO),in partnership with the Swiss Agency for Development and Cooperation (SDC) launched the second phase of Solar Energy for Agricultural Resilience (SoLAR-Phase II) in India and Bangladesh (South Asia) and Kenya and Ethiopia (East Africa)

• The initiative aims to accelerate climate-resilient solar-powered irrigation and solar-based agricultural technologies across South Asia and East Africa.

Background:
Expansion: The SoLAR Phase II project builds on the achievements and insights gained from Phase I (December 2019–May 2025) in South Asia, while extending its reach to include East African countries.
Phase I Outcomes: Phase I showed that IWMI’s grid-connected and off-grid Solar-Powered Irrigation pumps (SIPs) ensured reliable irrigation, cut diesel use, reduced Carbon Dioxide (CO2) emissions, and, in many cases, helped prevent groundwater over-extraction.
About SoLar-Phase II:
Purpose: SoLAR II promotes sustainable solar energy in agriculture to boost climate resilience, cut fossil-fuel dependence, and strengthen water-energy-food (WEF) sustainability.
Collaboration: SoLAR-Phase II will be implemented in partnership with government and implementing agencies responsible for solar agriculture policies and programs and runs from July 2025 to December 2028.
Source of Data: Phase-II builds on the data collected in Phase I, including technical, economic, and environmental performance of solar irrigation pumps with Grid-connected and off-Grid.
Improved Access: The initiative emphasizes gender-inclusive and equitable access, with woman-led solar service enterprises, improving irrigation availability and household earnings for marginalized farmers.
SolaReady: Phase II strengthens policy, financing, and institutional capacity and introduces SolaReady platform, a spatial decision-support platform for planning solar irrigation inventions aligned with climate and groundwater sustainability.
Integration: The initiative aims to embed solar irrigation into national climate resilience strategies, promote groundwater sustainability, and expand evidence-based sustainable solutions.
India’s Solar Milestone: By July 2025, the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme  had solarised irrigation pumps for more than 1.43 million farmers, making it the world’s largest programme of its kind.

• Insights from SoLAR Phase II will guide the post-2027 version of PM-KUSUM, helping make it more groundwater-smart and gender-inclusive.

About International Water Management Institute (IWMI):
Director General (DG) – Mark Smith
Headquarters – Colombo, Sri Lanka
Established – 1985

BANKING & FINANCE

SEBI introduces single window gateway for low risk foreign investors: SWAGAT-FIIn December 2025, the market regulator Securities Exchange Board of India (SEBI) issued the SEBI (Foreign Venture Capital Investors (FVCI)) (Amendment) Regulations, 2025 for low risk foreign investors to participate in the Indian securities market with the introduction of a Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI).
Key Highlights
SWAGAT-FI: SEBI’s framework, Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI) was introduced with the following objectives:

• Provide easier investment access to objectively identified and verified low risk foreign investors.
• Enable a unified registration process across multiple investment routes for such entities.
• Reduce repeated compliance and documentation for such entities.

Effective Date: Sebi notified amendments to the FPI and FVCI regulations will be effective from June 01,2026.
Longer Tenure: SEBI has extended the registration continuance period, including fee payment and KYC (Know Your Customer) review to 10 years, up from the earlier 3–5 years, to reduce operational burden and promote long-term investor participation.
>>Read Full News

LIC Launched Two Insurance Products ‘Protection Plus’ and ‘Bima Kavach’ In December 2025, the Life Insurance Corporation of India (LIC) ,India’s largest insurance company, launched two new insurance products for the domestic market, ‘Protection Plus (Plan 886)’ and ‘Bima Kavach (Plan 887)’, aimed at enhancing financial security and offering flexible savings or pure‑risk cover options to individuals.
About Protection Plus:
Type & Coverage: Non-Participating, Linked, Life, Individual Savings Plan that combines life insurance protection with savings opportunities.
Age: The minimum age to enroll is 18 years, and the maximum age at entry is 65 years. : The maximum age at maturity depends on the policy term, reaching up to 90 years for a policy with a 25-year term.
Premium Limits: The minimum premium varies based on the PPT and mode of payment, while there is no maximum premium limit.
About Bima Kavach:
Type & Coverage: Non-Participating, Non-Linked, Life, Individual Pure Risk Plan providing financial protection to the family in case of the insured’s unfortunate death during the policy term.
Age: Minimum age at entry is 18 years and maximum age is 65 years (last birthday). Minimum age at maturity is 28 years, and maximum age at maturity is 100 years (last birthday).
Sum Assured: The minimum basic sum assured is Rs.2 crore, with no upper limit, depending on underwriting norms.
Policy Term: The maximum policy term is 82 years, subject to a maximum age at maturity (cover ceasing age) of 100 years.
>>Read Full News

AWARDS & RECOGNITIONS

Woraiyur Cotton Sari, Kavindapadi Nattu Sakkarai Among 5 New Products from TN Receives GI TagIn December 2025, 5 new products from Tamil Nadu (TN) including: Woraiyur cotton sari, Kavindapadi nattu sakkarai (jaggery powder), Namakkal makkal pathirangal (soapstone cookware), the traditional Thooyamalli rice variety, and Ambasamudram choppu saman (wooden toys) received a Geographical Indication (GI) tag from the Geographical Indications Registry (GIR) under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoC&I).

• With this recognition, TN’s total GI-tagged products rise to 74, making it the second-highest state in India for GI-certified items, after Uttar Pradesh(UP).

About TN’s 5 New GI-Tagged Products :
Woraiyur cotton sari: In March 2022, Woraiyur Devanga  Handloom Weavers’ Co-operative Society applied for the recognition of Woraiyur cotton sari.

• The woraiyur sari traces its origin back in the historic weaving clusters of Manamedu in Tiruchi district (TN) during the Chola Empire.
• The Devanga Chettiar Community, skilled weavers, has been the main driving force behind the Woraiyur cotton sarees in the state.

Thooyamalli Rice: It is a native variety of  rice in TN, grown mostly in all districts of the state but now-a-days, it is cultivated mainly in Kancheepuram district.
Ambasamudram Choppu Samaan: These are small brightly coloured wooden toys, known for their smooth texture and simple designs.

• These toys are mostly made in the shape of miniature wooden kitchen utensils (choppu saman) and spinning top (pambaram).

Namakkal Makkal Pathirangal (soapstone cookware):These soapstone utensils are mainly used for cooking food that includes the use of tamarind and lime therefore, they are suitable for storing pickles, milk, and curd without any fear of corrosion or poisoning.
Kavinapadi nattu Sakkarai:This jaggery powder of Erode district (TN), is widely known for its sweetness and appealing golden-brown color.
>>Read Full News

APPOINTMENTS & RESIGNATIONS

Austria’s Stefan Priesner Appointed as UN Resident Coordinator in IndiaIn December 2025, United Nations (UN) Secretary-General Antonio Guterres appointed Stefan Priesner of Austria as the United Nations (UN) Resident Coordinator in India. His four-year term began on 1 December 2025 and will continue until 2029.

• He succeeds Shombi Sharp, who has completed a four-year term.

About Stefan Priesner:
Early Career: He started his professional journey in the private sector and joined the UN in 1997, beginning with the United Nations Development Programme (UNDP) in Bhutan.
Key Postings: He served as Deputy Chief in Nepal from 2001 to 2004 and as Deputy Resident Representative in Bosnia and Herzegovina from 2004 to 2008.
Senior Roles: Held senior positions including Country Director in Bangladesh (2008–2012), Resident Coordinator and UNDP Resident Representative in Uzbekistan (2013–2017), Resident Coordinator for Malaysia, Brunei, and Singapore (2017–2021), and Resident Coordinator in Iran (2021–2025).
Role & Responsibilities: As UN Resident Coordinator in India, he oversees the UN Country Team, directs all UN development activities, represents the UN at the highest levels, provides policy guidance to the government, and drives progress on the Sustainable Development Goals (SDG).
About Austria:
President– Alexander Van der Bellen
Capital– Vienna
Currency– Euro (EUR)

ONGC Chairman Arun Kumar Singh Gets One-Year Extension till 2026
On December 2, 2025, the Appointments Committee of the Cabinet (ACC), chaired by Prime Minister (PM) Narendra Modi, approved one-year extension of the tenure of Arun Kumar Singh as Chairman of Oil and Natural Gas Corporation (ONGC), under Ministry of Petroleum and Natural Gas (MoPNG), effective from December 7, 2025, till 6 December 2026.

About Arun Kumar Singh: 
Profile: He has a career, spanning four decades across various segments of the petroleum industry.
Previous Role: From 2018 to 2021, he worked as a Director (Marketing) of Bharat Petroleum Corporation Limited (BPCL).

• On December 7, 2022, he assumed charge as the Chairman of ONGC.

About ONGC: Headquartered in New Delhi, ONGC was founded in 1956 and is fully owned by the Government of India (GoI). It oversees the exploration and production of crude oil and natural gas both within India and internationally.

OBITUARY

Italian Tennis Legend Nicola Pietrangeli Passed Away
In December 2025, Renowned Italian Tennis player Nicola Pietrangeli passed away at the age of 92 in Rome, Italy. He was born on 11 September 1933, in Tunisia (Italy).

About Nicola Pietrangeli:
Overview: He was the first Italian to win a Grand Slam Singles title by winning French Open Singles Titles (Roland Garros) in 1959, which he also won in 1960. He also won the French Open Doubles Titles in 1959 and Mixed Doubles titles in 1958.

• Throughout his career, he won a total of 48 titles, including two Rome Masters in 1957 and 1961.

Career: From 1954 to 1972, he represented Italy in the Davis Cup, playing a record 164 Davis Cup matches, the highest by an Italian player in Davis Cup, and won 120 matches.

• After retiring from competitive tennis, he took over as Italy’s Davis Cup captain and guided the team to its maiden Davis Cup title in 1976.

Recognition: In 1986, Nicola Pietrangeli was inducted to the International Tennis Hall of Fame. In 2006, the Stadio della Pallacorda, the second largest stadium at the Italian Open in Rome, was renamed after Nicola as Stadio Nicola Pietrangeli.

IMPORTANT DAYS

Indian Navy Day 2025 – December 4Indian Navy Day is celebrated every year on December 4th throughout India to honor the contributions and accomplishments of the Indian Navy (IN) in safeguarding the country.

• 2025 Theme: “Combat Ready, Cohesive, Credible, and Aatmanirbhar Force”

Background: 
Origins: On May 1, 1830, the East India Company came under British control, was granted combatant status, and became the Indian Navy, later renamed “Her Majesty’s Indian Navy” in 1858.
First Celebration: Navy Day was initially celebrated on October 21, 1944.
2025 Event: 
Event: On 3rd December 2025, the IN conducted the Navy Day 2025 Operational Demonstration (Op Demo 2025) at Shangumugham Beach, Thiruvananthapuram, Kerala, hosted by Admiral Dinesh Kumar Tripathi, Chief of the Naval Staff (CNS).

• President Droupadi Murmu, Supreme Commander of the Indian Armed Forces, attended the event as Chief Guest, alongside Rajendra Vishwanath Arlekar, Governor of Kerala; Pinarayi Vijayan, Chief Minister(CM) of Kerala and other dignitaries.

Indian Maritime Doctrine 2025:Admiral Dinesh Kumar Tripathi, CNS released the updated Indian Maritime Doctrine.

• The doctrine formally defines the “no-war, no-peace” operational spectrum, addresses grey-zone challenges such as hybrid and sub-threshold threats, and emphasises multi-domain operations supported by emerging technologies, autonomous systems, and uncrewed platforms.

>>Read Full News

International Day Of Banks 2025 – December 4The United Nations (UN)’s International Day of Banks is observed every year across the globe on December 4 worldwide to acknowledge the crucial role of banking systems in UN Member States in enhancing living standards and supporting development.

• 4 December 2025 marks the observance of the 6ᵗʰ International Day of Banks.

Theme:
2025 Theme: “Banks Powering a Livable Planet”
Key Priorities:The 2025 theme focuses on three priorities—financing a livable planet, closing the Sustainable Development Goals (SDGs) financing gap, and strengthening resilient and inclusive financial systems.

Background: 
Adoption: In 2019, the United Nations General Assembly (UNGA) adopted Resolution A/RES/74/245, proclaiming 4 December as the International Day of Banks.
First Observance: The inaugural International Day of Banks was celebrated on 4 December 2020.
Key Global Frameworks:
Principles for Responsible Banking (PRB): Launched in 2019 by United Nations Environment Programme Finance Initiative (UNEP FI)and a global coalition of banks, the Principles for Responsible Banking provide a framework for sustainable banking, aligning strategies with the UN SDGs and the Paris Agreement.
Addis Ababa Action Agenda (AAAA): The AAAA, adopted in 2015 at the Third International Conference on Financing for Development in Ethiopia and later endorsed by the UNGA through Resolution A/69/L.82, serves as a global framework to mobilise and effectively use financial resources for achieving the SDGs.
Global Economic Pressures:
Growth: Global growth remains steady at around 3% but appears to have peaked.
Capital Outflows: Developing countries are facing capital outflows exceeding USD 200 billion.
Evolution of India’s Banking Sector
Nationalisation Era: Between 1969 and 1991, the Government of India(GoI) nationalised around 20 major private banks in two phases (1969 and 1980) and introduced priority sector lending in 1972.
Post-LPG Reforms: Following the 1991 Liberalisation, Privatisation and Globalisation (LPG) reforms, the sector saw the entry of new private and foreign banks.
Digital Inclusion Phase: From 2014 onward, the banking sector adopted the JAM trinity (Jan-Dhan, Aadhaar, Mobile) and introduced Payments Banks and Small Finance Banks (SFBs).
About United Nations Environment Programme Finance Initiative (UNEP FI):
Secretary-general – Eric Usher
Headquarters – Geneva, Switzerland
Established– 1992

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